When you’re entering the selling process for the first time, it can be difficult to know what to expect. It doesn’t help that so many people will be involved, some of whom you may have never dealt with before as a seller.
So that you can enter the house selling process with an informed perspective, here are some of the top things to look out for as a first-time seller, who is using the traditional means of selling property.
Your Home May Not Sell As Fast As You’d Like
Every seller dreams of that ‘for sale’ sign being hammered into the ground and instantly catching the eye of a buyer. The reality is the average time it takes to sell a house is 12 weeks, and that’s just the average time! All the while, you’re probably stuck in a chain, unable to move unless your home sells.
There’s no way of knowing what the real sale time will be, let alone completion time once surveys have been conducted and solicitors have gotten involved to sign over the deeds. This can make it difficult to plan ahead, especially for properties that fail to attract much interest and simply stagnate instead.
Agents Vary In Quality
Estate agents are there to sell your property, but the effort they put in will vary depending on the company you choose. Not all estate agents hire professional photographers, videographers and copywriters to create property listings. As a result, some listings can appear drab and dreary rather than the exciting prospect they should be.
If the estate agent doesn’t have much of a presence online with a snazzy website and a healthy social media following, the reach of the marketing campaign may also be limited. So, you’ll need to be on the lookout for the agents who go the extra mile to get those showings and close the sale.
Buyers Will Want To Negotiate On Price
You want to sell your property for the highest possible price, and buyers want to buy it for the cheapest possible price. Fail to offer any leeway, and you could lose the buyer altogether, which is a disaster for those properties which are an acquired taste or have failed to drum up much interest.
Instead, you need to be prepared to enter a bidding round between yourselves and the seller, with your respective agents acting on your behalf. The bottom line is that if the seller doesn’t think the asking price is worth it, they are highly unlikely to pay it. Therefore, you’ll have to be prepared to lower the price to get the sale through.
Work May Be Involved To Make Your Property Attractive
We’ve arrived at the delicate topic that your personal taste isn’t necessarily that of your prospective buyers, especially if it’s been some time since your home was last renovated and decorated.
Buyers will factor in the cost of renovations within their bid, and if the house is in a particularly poor state, it will instantly cut off the section of the market that want a property that’s ready to move into.
Trends are ever-changing, but a neutral colour scheme helps create a blank canvas in the eyes of the buyers. Ultimately, if they cannot see themselves living in your property, they are highly unlikely to want to buy it, so work needs to take place to make your home have a wide appeal.
How To Sell My Home Fast Hassle-Free
Don’t fancy the sound of any of the above? We don’t blame you! That’s why we’ve created another way of selling your home through Cash Property Buyer.
As the name suggests, if your property means our criteria, we’ll not only purchase your home, but we’ll give you a free valuation, won’t charge any legal fees and we’ll give you an offer within 3 working days!
For homeowners who do not want to deal with so much uncertainty and lengthy delays, selling to us offers an easy and stress-free solution.
Simply tell us your postcode along with some information about your property to get started.